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Section 754/ 743b adjustment how to report on Partner's personal return

Taxpro1
Level 1

This is the first time I have encountered a situation with Sec 754/ 743b adjustment. My client inherited interest in a Partnership after his mother passed away in 2023. On the K1 the partnership has reported Sec 754 adjustment in Box 13 other deductions. There is also a capital gain from the sale of one of the rental properties in Box 10. There is a footnote for Section 743B Net Special Basis Adjustment that the information is not included in the reported gain in box 10. The 754 adjustment is simple that it nets off the rental income. But how is 743b basis adjustment reported on Form 1040 in Proseries? Will the capital gain be reduced due to increase in basis or report on Box 13 code V on the K1 which again adjusts the rental income even though the actual K1 is not reporting any such adjustment. TIA
 

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